Oracle buys data integration solutions company

Giant software company Oracle has recently acquired Silver Creek Systems, Inc. (“Silver Creek”), a leading provider of product data quality solutions, announced today the company officials.

Silver Creek’s data solutions will add new capabilities to Oracle data integration offering through industry-leading DataLens product, designed to simplify complex product description and manage more accurately product data to improve time-to-market for new products, enhance supply chain execution, increase operational efficiencies and facilitate better business decisions in various industries.

“With the addition of Silver Creek, Oracle is extending its industry leading data integration offering with complementary solutions to enhance product data quality and help customers get more accurate and consistent product data for use across their enterprise”, said Hasan Rizvi, senior vice president of Oracle Fusion Middleware Product Development.

The deal will boost product data quality for business applications such as Oracle’s Product Information Management Data Hub, Agile Product Lifecycle Management, Supply Chain Management and Enterprise Resource Planning. Also, the new addition extends Oracle’s leadership in data integration capabilities and information management.

Financial details of the transaction were not disclosed in the announcement.

Oracle is the world’s largest business software company, developing database, middleware and industry-related applications for various SMEs and enterprises. Oracle has more than 345.000 customers, including 100 of the Fortune 10, representing a variety of sizes and industries in more than 145 countries around the globe.